Tax
Offsetting credits and refunds from debts on hold
Explore the ATO’s new approach to managing debts on hold for small businesses, understand offsetting, and discover solutions for effective debt management.
... read more$20k deduction for ‘electrifying’ your business
Discover how small and medium businesses can maximise a 20% tax deduction on energy-efficient upgrades and electrification. This limited-time opportunity is set to expire by June 30, 2024. Find out what qualifies.
... read moreSelf-education: What can you claim?
What can be claimed for self education? We break down the dos and don’ts of claiming education expenses. Make sure your claims align with your work for the best tax benefits.
... read moreThe ‘Airbnb’ Tax
Short stay, big tax: What Airbnb hosts need to know. Property investors using Airbnb-style rentals are about to face a new tax in Victoria, Australia. Learn how this tax will affect your short-term rental income and what similar measures might be on the horizon.
... read more30% tax on super earnings above $3m
Proposed Superannuation Tax Changes: Draft legislation increases tax rate on above $3m super balances. Those impacted should assess their personal impact. Stay tuned for updates.
... read moreCereal crime: Are you charging GST correctly on food and breakfast products?
Demystifying GST on Breakfast Products: Are You Charging Correctly? Explore the nuances of GST for food items, including those with seeds or nuts. Stay compliant and avoid surprises. Don’t miss it!
... read moreThe case of the taxpayer who was paid too late
Timing can be taxing: A recent case illustrates how the timing of employment income can significantly impact tax liability.
... read moreYour guide for claiming business expenses
Unlock Tax Deductions with Expert Tips! Meet Rubi, the savvy IT consultant who knows the 3 golden rules for claiming expenses while traveling for business. Learn how she uses the myDeductions tool and smart record-keeping to maximise her deductions.
... read more